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Music Broadcast Ltd. (RADIOCITY) AI Stock Analysis
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Music Broadcast Ltd.
(NSE:RADIOCITY)
The score is held back primarily by weak profitability and revenue decline, reinforced by bearish technicals (below key moving averages with negative MACD). Offsetting factors include a low-leverage balance sheet and a sharp improvement in operating/free cash flow, but negative earnings and lack of dividend data limit valuation support.
Music Broadcast Ltd. (RADIOCITY) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 1.82B
- Dividend Yield
- ―
- Average Volume (3M)
- 6,800
- Price to Earnings (P/E)
- -6.4
- Beta (1Y)
- 1.03
- Revenue Growth
- -16.62%
- EPS Growth
- 34.76%
- Country
- India
- Employees
- 334
- Sector
- General
- Sector Strength
- 55
- Industry
- Broadcasting
Music Broadcast Ltd. Business Overview & Revenue Model
Company Description
Established in 1999 and headquartered in Mumbai, India, Music Broadcast Limited is responsible for the ownership and operation of FM radio stations across the nation. These stations, operating under the popular Radio City brand, deliver a diverse arr...
How the Company Makes Money
Music Broadcast Ltd. primarily generates revenue by selling advertising and sponsorship inventory across its FM radio network and associated platforms. Key revenue streams typically include: (1) On-air advertising spots: Brands pay to run time-bound...
Music Broadcast Ltd. Financial Statement Overview
Summary
Financials are mixed: the income statement is weak (material revenue decline and large net loss with negative operating profit), but the balance sheet is conservatively levered and cash flow improved sharply with positive operating and free cash flow despite losses. The key risk is profitability stability versus recent cash resilience.
Income Statement
33NegativeBalance Sheet
74PositiveCash Flow
71Positive| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.73B | 1.74B | 2.34B | 2.29B | 1.99B | 1.68B |
| Gross Profit | 804.43M | 671.65M | 893.60M | 1.05B | 752.19M | 254.15M |
| EBITDA | -37.15M | -176.76M | 126.37M | 562.30M | 427.71M | 278.24M |
| Net Income | -283.65M | -533.24M | -338.37M | 68.44M | 34.40M | -57.01M |
Balance Sheet | ||||||
| Total Assets | 5.10B | 4.96B | 6.65B | 6.81B | 6.56B | 6.54B |
| Cash, Cash Equivalents and Short-Term Investments | 1.40B | 1.02B | 1.53B | 741.08M | 525.58M | 344.01M |
| Total Debt | 168.96M | 236.38M | 1.26B | 1.06B | 983.29M | 194.50M |
| Total Liabilities | 489.14M | 505.76M | 1.67B | 1.49B | 1.31B | 504.71M |
| Stockholders Equity | 4.61B | 4.45B | 4.98B | 5.32B | 5.25B | 6.04B |
Cash Flow | ||||||
| Free Cash Flow | 0 | 368.47M | 44.34M | 182.84M | 205.79M | 195.27M |
| Operating Cash Flow | 0 | 418.32M | 166.08M | 273.18M | 304.84M | 227.35M |
| Investing Cash Flow | 0 | 645.39M | -94.71M | -162.84M | -237.87M | -176.14M |
| Financing Cash Flow | 0 | -1.11B | -74.39M | -80.61M | -79.09M | -73.76M |
Music Broadcast Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RADIOCITY, the sentiment is Negative. The current price of 5.31 is below the 20-day moving average (MA) of 5.64, below the 50-day MA of 6.02, and below the 200-day MA of 6.10, indicating a bearish trend. The MACD of -0.20 indicates Positive momentum. The RSI at 36.88 is Neutral, neither overbought nor oversold. The STOCH value of 39.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RADIOCITY.
Music Broadcast Ltd. Peers Comparison
Overall Rating
IN:ENIL53Neutral
IN:TVTODAY52Neutral- IN:RADIOCITY49Neutral
IN:BAGFILMS47Neutral
IN:ZEEMEDIA43Neutral
IN:NEXTMEDIA38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:ENIL | 53Neutral | INR 3.97B | -47.72 | ― | 2.36% | 2.62% | -171.14% |
| IN:TVTODAY | 52Neutral | INR 5.85B | 33.95 | ― | 3.06% | -7.90% | -43.74% |
| IN:RADIOCITY | 49Neutral | INR 1.84B | -6.41 | ― | ― | -16.62% | 34.76% |
| IN:BAGFILMS | 47Neutral | INR 817.19M | 12.61 | ― | ― | 13.13% | -33.53% |
| IN:ZEEMEDIA | 43Neutral | INR 4.48B | -343.00 | ― | ― | 22.18% | 99.00% |
| IN:NEXTMEDIA | 38Underperform | INR 222.75M | -4.30 | ― | ― | -100.00% | -107.46% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:RADIOCITY | Music Broadcast Ltd. | 5.31 | -2.50 | -32.01% | |
| IN:BAGFILMS | B.A.G. Films & Media Ltd. | 3.75 | -3.35 | -47.18% | |
| IN:ENIL | Entertainment Network (India) Limited | 83.20 | -47.89 | -36.53% | |
| IN:NEXTMEDIA | Next Mediaworks Limited | 3.33 | -3.27 | -49.55% | |
| IN:TVTODAY | TV Today Network Ltd. | 98.00 | -47.90 | -32.83% | |
| IN:ZEEMEDIA | Zee Media Corp. Ltd. | 6.84 | -3.19 | -31.80% |
Music Broadcast Ltd. Corporate Events
Music Broadcast schedules analyst call on Q2 FY27 results
Music Broadcast Limited has scheduled an earnings conference call to discuss its financial performance for the second quarter ended September 30, 2026. The call will be held on Tuesday, October 27, 2026, at 12:00 noon India time and will be accessibl...
Music Broadcast sets September 2 virtual AGM, moves to fully digital shareholder engagement
Music Broadcast Limited has announced that its 27th Annual General Meeting will be held on September 2, 2026, at 1:00 p.m. IST via video conferencing and other audio-visual means, in line with Companies Act and SEBI listing regulations that permit vi...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 24, 2026